Home » Posts tagged with » Taxes (Page 4)

Cigarette Tax Hike Leads to Historic Drop in Smoking

Cigarette Tax Hike Leads to Historic Drop in Smoking

Brand X Pictures/Thinkstock(NEW YORK) — A federal tobacco tax hike signed by President Obama just days after he took office in 2009 has resulted in a historic drop in cigarette smokers, according to new analysis by USA Today.The newspaper, citing surv…

Cigarette Tax Hike Leads to Historic Drop in Smoking

Cigarette Tax Hike Leads to Historic Drop in Smoking

Brand X Pictures/Thinkstock(NEW YORK) — A federal tobacco tax hike signed by President Obama just days after he took office in 2009 has resulted in a historic drop in cigarette smokers, according to new analysis by USA Today.The newspaper, citing surv…

Romney’s Offshore Investments Used ‘Blockers’ to Avoid Taxes?

Romney’s Offshore Investments Used ‘Blockers’ to Avoid Taxes?

Jeff Swensen/Getty Images(NEW YORK) — The private equity firm founded by Republican presidential candidate Mitt Romney made use of arcane techniques in several of its Cayman Islands-based funds to avoid U.S. taxes, according to a trove of Bain Capital…

Romney Says He Never Paid Less Than 13% In Taxes

Romney Says He Never Paid Less Than 13% In Taxes

Jim Davis/The Boston Globe via Getty Images(GREER, S.C.) — Mitt Romney said today he has not paid less than 13 percent in taxes during the past ten years. The candidate had told ABC News’ David Muir last month that he’d be “happy to …

Taxpayers Subsidize CEO Pay, Report Says

Taxpayers Subsidize CEO Pay, Report Says

Justin Sullivan/Getty Images(WASHINGTON) — The Institute for Policy Studies, a self-described “progressive multi-issue think tank,” analyzed the link between tax loopholes and excessive executive compensation and concluded that the loophol…

Paul Ryan’s Budget Plan Could Raise Middle Class Taxes, Says Panel

Paul Ryan’s Budget Plan Could Raise Middle Class Taxes, Says Panel

Creatas/Thinkstock(NEW YORK) — While Mitt Romney would reportedly pay less than 1 percent of his income in taxes under Paul Ryan’s previous tax plan, most Americans making less than $200,000 would see a tax hike under the budget Ryan proposed before h…

‘The Price Is Right’ – but the Taxes Are Wrong

‘The Price Is Right’ – but the Taxes Are Wrong

Frederick M. Brown/Getty Images(LOS ANGELES) — Oh, happy day! You’re a contestant on a popular game show – The Price Is Right, let’s say. You spin the wheel, you make the winning bid, and suddenly – ka-ching! – you’…

‘Romney Hood’ vs. ‘Obamaloney’: Candidates Spar over Tax Policy

‘Romney Hood’ vs. ‘Obamaloney’: Candidates Spar over Tax Policy

Saul Loeb/AFP/J.D. Pooley/GettyImages(WASHINGTON) — After President Obama on Monday night accused Mitt Romney’s tax policy of being a sort of “reverse Robin Hood” — “Romney Hood,” Romney shot back on Tuesday that the pre…

Reince Priebus: Sen. Harry Reid Is a ‘Dirty Liar’

Reince Priebus: Sen. Harry Reid Is a ‘Dirty Liar’

Tom Williams/CQ Roll Call(WASHINGTON) — Republican National Committee chair Reince Priebus called Sen. Harry Reid a “dirty liar” Sunday morning on “This Week” for accusing presumptive GOP presidential nominee Mitt Romney of not…

Romney Advisor Calls Obama Tax Calculator Based on GOP Data a ‘Joke’

Romney Advisor Calls Obama Tax Calculator Based on GOP Data a ‘Joke’

BarackObama.com(WASHINGTON) — The Obama campaign has posted two interactive tools on its website, the most recent with a banner headline proclaiming “The Romney Tax Hike.”It is an interactive map that claims to show where 158 million Americans “could”…

Birthday Wishes, ‘Fairy Dust’ for Obama in Orlando

Birthday Wishes, ‘Fairy Dust’ for Obama in Orlando

Edward Linsmier/Getty Images(ORLANDO, Fla.) — President Obama is on a tear over taxes, blasting rival Mitt Romney’s proposals Thursday as nothing more than “fairy dust” to try to fix the economy.“They have tried to sell us this…

Romney Supports Eliminating Taxes on Olympic Medals

Romney Supports Eliminating Taxes on Olympic Medals

Streeter Lecka/Getty Images(WASHINGTON) — Mitt Romney, who often touts his role spearheading the 2002 Olympics in Salt Lake City, supports plans to exempt U.S. Olympic athletes from paying federal taxes on the medals and prize money they win during th…

Obama: Romney Wants to Raise Middle Class Taxes to Help ‘People Like Him’

Obama: Romney Wants to Raise Middle Class Taxes to Help ‘People Like Him’

JIM WATSON/AFP/GettyImages(AKRON, Ohio) — President Obama today pounced on a new report that found Mitt Romney’s economic plan would raise taxes on the majority of Americans and give tax breaks to the super wealthy, telling supporters in the bat…

Obama: Romney Wants to Raise Middle Class Taxes to Help ‘People Like Him’

Obama: Romney Wants to Raise Middle Class Taxes to Help ‘People Like Him’

JIM WATSON/AFP/GettyImages(AKRON, Ohio) — President Obama today pounced on a new report that found Mitt Romney’s economic plan would raise taxes on the majority of Americans and give tax breaks to the super wealthy, telling supporters in the bat…

Sen. Rubio Introduces Bill to Eliminate Tax on Olympic Prizes

Sen. Rubio Introduces Bill to Eliminate Tax on Olympic Prizes

Chris Maddaloni/CQ Roll Cal(WASHINGTON) — Sen. Marco Rubio, R-Fla., introduced a bill today in the Senate that would exempt U.S. Olympic medal winners from paying federal taxes on their medals and prize money earned in the Olympics.“Our tax code…

Romney Campaign Mum on Previous Tax Rates, Audit

Romney Campaign Mum on Previous Tax Rates, Audit

ABC News(WASHINGTON) — Mitt Romney‘s presidential campaign has not yet clarified if the candidate has ever paid less than a 13.9 percent tax rate.Romney has said he’ll only release two years of tax returns, but he told ABC’s David Mu…

Romney Not Sure If He’s Paid Less Than 13.9% in Taxes

Romney Not Sure If He’s Paid Less Than 13.9% in Taxes

ABC/Ida Mae Astute(JERUSALEM) — Mitt Romney could not say on Sunday whether he had ever paid a tax rate lower than 13.9 percent, saying he would have to “go back and check.”In an exclusive interview with ABC News’ David Muir, Romney …

US Consumers Refrain from Further Spending

US Consumers Refrain from Further Spending

Brand X Pictures/Thinkstock(NEW YORK) — Because of limited job growth in America, consumers have cut back in spending reports Bloomberg.In the second quarter, state and local governments have also slashed budgets. With looming U.S. tax changes and the…

Health Care Ruling Will Affect Cost of Law, Number of Those Covered

Health Care Ruling Will Affect Cost of Law, Number of Those Covered

iStockphoto/Thinkstock(WASHINGTON) — Last month’s Supreme Court ruling on the Affordable Care Act has both good and bad news for Americans.According to an analysis by the nonpartisan Congressional Budget Office, about three million people on the lower…

Super-Rich Hide $21 Trillion in Secret Tax Havens, Says Tax Justice Network

Super-Rich Hide $21 Trillion in Secret Tax Havens, Says Tax Justice Network

Adam Gault/Thinkstock(NEW YORK) — The super-rich are hiding at least $21 trillion in accounts outside their home countries, according to a report by an activist group called the Tax Justice Network.The wealth hidden in these tax shelters is the equiva…

Advertise With Us

Would you like to advertise on East Idaho News? Fill out this form to contact a representative.
  • Full and Last
  • The name of your company, business or brand.